How to use PayPal to make Apple content purchasesApple has finally added support for PayPal as a payment method for Apple ID users. ••• PayPal officially works in the App Store, iTunes Store, iBookstore and Apple Music. ••• So, when checking out, you can use PayPal to buy apps, music, movies, and more. ••• It's a nice alternative for those who don't attach credit cards to their Apple ID. ••• Previously, Apple has only allowed users to use a bank card or gift card credit. ••• To add PayPal to your Apple ID account, open your Account screen from iTunes. ••• Then select Payment Information and click PayPal in the Payment Method options. ••• Once setup, all Apple content purchases will be charged to your PayPal account. ••• PayPal for Apple ID is available in the following countries: ••• Mexico, Canada, Germany, the Netherlands, and the UK (and "soon" the US).

Fintech startup Brex announced Tuesday that it's raised $50 million in new venture capital from a who's who list of Silicon Valley investors, including PayPal cofounders Peter Thiel and Max Levchin. The funding news coincides with the official launch of the company's core product -- a credit card for startups that sidesteps traditional banking norms.

In a nuthsell, Brex aims to reimagine underwriting for startups seeking access to a line of credit. The way Brex tells it, a startup can have millions in the bank, but without existing credit, traditional banks and credit institutions will still deny them access to credit card services.

With Brex, startups do not need a FICO score, a security deposit or proof of cash flow to open a line of credit. Instead, Brex's only requirement is a balance of at least $100,000 in a bank account. Brex further differentiates itself with claims that it offers 10-times higher credit limits than American Express, along with greater transparency, instant approvals, and a financial tech stack rebuilt from the ground up.

With a fully integrated system, Brex said it can issue credit cards instantly to employees, including virtual cards, at zero cost to the startup. It also offers dynamic card limits that can increase as needed, and a simplified expense system that matches transactions to receipts instantly using backend data. Brex currently integrates with popular accounting software platforms such as QuickBooks, Xero, NetSuite, and Expensify.

"Antique payment methods are still ubiquitous because they're good enough for most transactions," said Brex investor Peter Thiel. "But they don't work for early stage startups. Creating solutions for these demanding customers could be the first step towards rebuilding our legacy payments system from scratch."

Facebook and Airbnb investor Yuri Milner, VC firm Ribbit Capital, and former VISA CEO Carl Pascarella also participated in the latest Series B round, which brought the company's funding total to $57 million.

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